JMT PL

Jeronimo Martins SGPS SA

Consumer


Presented:11/03/2017
Price:€16.08
Cap:$11.25B
Current Price:€17.34
Cap:$12.15B

Presented

Date11/03/2017
Price€16.08
Market Cap$11.25B
Ent Value$12.36B
P/E Ratio26.74x
Book Value€2.49
Div Yield3.59%
Shares O/S628.43M
Ave Daily Vol600,455
Short IntN/A

Current

Price€17.34
Market Cap$12.15B
Jerónimo Martins SGPS SA engages in the production, distribution and selling of food and other fast moving consumer goods product. It operates through the following segments: Portugal Retail; Portugal Cash & Carry; and Others, Eliminations, and Adjustments. The Portugal Retail segment comprises the business unit of JMR (Pingo Doce supermarkets) and with the brand Biedronka. The Portugal Cash & Carry segment includes the wholesale business unit Recheio. The Others, Eliminations, and Adjustments segment includes unties with reduced materiality like Marketing Services and Representations. The company was founded by Jerónimo Martins in 1792 and is headquartered in Lisbon, Portugal.

Publicly traded companies mentioned herein: Jeronimo Martins SGPS SA (JMT PL), Tesco plc (TSCO LN)

Highlights

The presenter is short shares of Jeronimo Martins (JMT PL), a Portuguese supermarket chain with operations primarily in Poland. He foresees a heightened competitive environment that will coincide with JMT PL coming up against a period of tough comps due to inflated volumes as a result of political and policy dynamics in Poland in 2016. He is targeting 30% - 40% downside in the stock over the next few quarters.

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Idea Discussion

Commentor 1 - 2 weeks ago

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